MarketWatch: Undur Tolgoi Minerals Inc. Closes the Second Tranche of its $7 Million Financing

Undur Tolgoi Minerals Inc. (the “Company”) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement, announced on November 15, 2011, issuing an additional 5,134,965 common shares at a price of CDN$0.20 per share for aggregate gross proceeds of CDN$1,026,993. Pursuant to completion of the second tranche of the private placement, the Company has issued a total of 35,120,465 common shares at a price of CDN$0.20 per share for aggregate gross proceeds of CDN$7,024,093. To read the full article, click hereUndur Tolgoi Minerals Inc. Closes the Second Tranche of its $7 Million Financing

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